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Dec 22, 2012
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out west, thanks for starting your day with us. victor blackwell is on assignment. >>> we start with the big countdown, ten days left for the white house and congress to reach an agreement on the fiscal cliff where millions of americans will be paying the price in their paychecks. but congress is now on holiday recess. and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at
out west, thanks for starting your day with us. victor blackwell is on assignment. >>> we start with the big countdown, ten days left for the white house and congress to reach an agreement on the fiscal cliff where millions of americans will be paying the price in their paychecks. but congress is now on holiday recess. and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan...
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Dec 22, 2012
12/12
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thank you. >> nice to see you. >>> ireporters have been weighing in on the fiscal cliff. one of them is telling lawmakers to get real. >> have no rules because they are not spending their own money. they keep spending it and spending money with no regards to ever getting the united states out of debt. you're spending our money like drunken sailors with no regard to the future of america. my message to president obama and each member of congress is very, very simple. quit spending the money that america does not have. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> welcome back. we've been focusing this morning on the calls for gun control in the wake of the shooting in newtown, connecticut. president obama wants action
thank you. >> nice to see you. >>> ireporters have been weighing in on the fiscal cliff. one of them is telling lawmakers to get real. >> have no rules because they are not spending their own money. they keep spending it and spending money with no regards to ever getting the united states out of debt. you're spending our money like drunken sailors with no regard to the future of america. my message to president obama and each member of congress is very, very simple. quit...
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Dec 22, 2012
12/12
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WJZ
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it's nine days now until the fiscal cliff of tax increases and spending cuts. still, congress has gone home for the holidays, and today president obama and his family arrived in honolulu, where they'll celebrate christmas. the president says he is ready to return to make a deal. retailers called today "super saturday." it is traditionally one of the busiest shopping days of the year. businesses are banking on it because so far this season sales numbers have not been as stroongz many had hoped to see. here's michelle miller. >> reporter: kidding around isa a specialty toy store in new york city. you won't find any of this stuff at target, wal-mart? >> no. >> reporter: the owner says today is his busiest day of the year. within the last month, what have your sales been? >> they're up from last year about 5.5% but some of that is the influence of the early hanukkah. >> reporter: he's doing better than most retailers. shopper track, which monitors consumer behavior nationwide, predicted holiday sales growth of 3.3%. they just cut it to 2.5%. >> the traffic growth h
it's nine days now until the fiscal cliff of tax increases and spending cuts. still, congress has gone home for the holidays, and today president obama and his family arrived in honolulu, where they'll celebrate christmas. the president says he is ready to return to make a deal. retailers called today "super saturday." it is traditionally one of the busiest shopping days of the year. businesses are banking on it because so far this season sales numbers have not been as stroongz many...
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Dec 22, 2012
12/12
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will sit down with george stephanopoulos on "this week." >>> now to the wrangling over the fiscal cliff, sending shock waves across america's 401(k)s. take a look. the dow closed down more than 120 points, with the deadline just 11 days away and lawmakers heading home for the holidays. shortly before we came on the air, the president came out swinging with a message for congress. abc's chief white house correspondent jonathan karl tells us where things stand tonight. >> reporter: in the halls of congress tonight, not a creature is stirring. no deal is in sight. with a deadline looming and seemingly no hope anywhere, the president made one last appeal tonight before washington goes on vacation. >> as we leave town for a few days to be with our families for the holidays, everybody can cool off. everybody can drink some eggnog. now is not the time for more self-inflicted wounds. certainly not those coming from washington. >> reporter: but the two sides don't even seem to be trying anymore. what are we going to do now? >> i'm interested in solving the major problems that face our country. t
will sit down with george stephanopoulos on "this week." >>> now to the wrangling over the fiscal cliff, sending shock waves across america's 401(k)s. take a look. the dow closed down more than 120 points, with the deadline just 11 days away and lawmakers heading home for the holidays. shortly before we came on the air, the president came out swinging with a message for congress. abc's chief white house correspondent jonathan karl tells us where things stand tonight. >>...
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Dec 22, 2012
12/12
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thank you so much for your time. >> thank you. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are flying. with a hello to you. how is it looking out there? not too bad in terms of traffic behind you. >> that's exactly right. good afternoon. it isn't too bad. here chilly but sunny and no problems to report in atlanta. most major airports throughout the country are run okay. one exception may be san francisco. bus there were rain delays there earlier today. but -- traffic slowing down a few of the other airports. according to flight aware.com so far only about 70 nights cancelled in the u.s. so far today. that's a big difference from thursday and provide when that storm blew through the plains and midwest and the no
thank you so much for your time. >> thank you. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are...
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Dec 22, 2012
12/12
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CSPAN
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i do believe we need to go over the fiscal cliff to. coming up and having to do a deal at the end of every year is getting old because everybody is rush. what we need to do is it that, let us go over the fiscal cliff, put a temporary hold on everything and let these guys see if they can work out a deal. so far, they have not been able to do it for the last four years. i do believe we need to say -- stay at 18%-20% gdp. as far as cuts, we have really never got in because we were supposed to. that is just like the sequestered. that was passed in 2011. they are still working on the cuts. most of the cuts are based on the increase is built into the baseline. when we do cuts, we need to go back to a zero baseline. host: we will leave it there. stephen dinan. guest: your callers are incredibly a form of this. host: we have a sharp plunge out there. -- bunch out there. guest: president, says his plan will produce x billions of dollars more than boehner's plan. both of them are talking about increased deficits over the baseline. they are talkin
i do believe we need to go over the fiscal cliff to. coming up and having to do a deal at the end of every year is getting old because everybody is rush. what we need to do is it that, let us go over the fiscal cliff, put a temporary hold on everything and let these guys see if they can work out a deal. so far, they have not been able to do it for the last four years. i do believe we need to say -- stay at 18%-20% gdp. as far as cuts, we have really never got in because we were supposed to....